Overall Logistics Market Revenue in the KSA is expected to generate over USD 25 Bn by 2025, owing to Growing infrastructure investments in the country, as per the findings by Ken Research

1.Saudi Arabia is Emerging as a Logistics Hub Due to Its Proximity to 3 Major Regions Having Competitive Cost Advantage Due to Favorable Geographical Location.

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2.Sea-based transport is the integral part of Saudi Arabia’s international and domestic trade networks with Jeddah Islamic seaport and King Abdulaziz Seaport being the major cargo dealing seaports.

Imports are mainly made through commercial ports including Jeddah, Dammam, Jizan, Jubail and Yanbu ports and exports from industrial ports including Jubail and Yanbu during 2020. Furthermore, SAGIA plans to invest $30 Bn in upgrading facilities that will enable Saudi ports to compete at an international level. An additional investment of $42 Bn has been set aside for developments within King Abdullah Port.

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3.KSA is dominated among GCC countries in terms of Length of Roads with leading road networks Al Riyadh, Najran, Aseer, Eastern Region & Al Baha collectively accounting for a total length of almost 1,200 kms.

Various infrastructure projects worth around $150 Mn are being implemented to construct more bridges & tunnels across Jeddah region to ensure smooth traffic flow. Some of them include:

• Between King Abdulaziz Street and Ismail Abu Dawood intersection
• Prince Majid and Makkah streets
• Intersection between Palestine and Andalus Streets.

The Ministry of Transport (MoT) is considering the use of a public-private partnership (PPP) model for new road projects for wider privatization of transportation projects.

The post 3 Tailwinds That Will Make KSA Overall Logistics Market to Generate Over USD 25 Bn by 2025. Is the Growth Sustainable? appeared first on Research News Today.